Official figures show exit from recession was more robust than originally estimated

Official data released by the Office for National Statistics (ONS) has revealed that the UK’s exit from recession during the first quarter of 2024 was even stronger than initially reported. The updated estimate shows that gross domestic product (GDP) grew by 0.7% between January and March, surpassing the previously reported 0.6% growth. The ONS had announced on May 10th that the economy had…

Source